This module aims to develop the student’s understanding of financial management principles and techniques relevant to the financing and investment decisions within an organisation. It aims to provide students with knowledge and skills that can be used to value companies and to conduct financial planning in a range of business sectors.

Learning Outcomes

On successful completion of this module the learner will be able to:

LO1

Demonstrate an understanding of the concept of the time value of money and bond valuation and their effect on investment decisions

LO2

Calculate a range of company valuations using appropriate models and techniques that will incorporate the critical success factors distinguishing high performance organisations from others

LO3

Understand the importance of dividend policy and the cost of capital and their effect on the dividend and financing decision respectively

LO4

Use suitable analytical tools for the purpose of research into the appraisal of capital investment projects in a variety of business and management contexts

LO5

Apply the techniques of financial forecasting for company-wide planning purposes using both quantitative and qualitative sources of information

LO6

Understand foreign exchange risk and techniques to manage such risk

Pre-requisite learning

Co-requisite Modules

No Co-requisite modules listed

Module Content & Assessment

Content (The percentage workload breakdown is inidcative and subject to change)

Cost of different sources of finance
The Financing Decision
Equity
Debt
Weighted average cost of capital
The importance of choice in Capital structure
Theories on gearing
The traditional approach to capital structure
Modigliani and Miller – The effect
of Capital structure
Pecking order theory
Practical factors affecting capital structure

The continuous assessment will take the form of a group/individual research project (incorporating qualitative and quantitative research, report writing skills, and referencing skills). This may include a presentation based on a group research project, where students will be given a group and individual mark.

30.00

n/a

End of Module Formal Examination

Assessment Type

Assessment Description

Outcome addressed

% of total

Assessment Date

Formal Exam

End-of-Semester Final Examination

70.00

End-of-Semester

IT Tallaght reserves the right to alter the nature and timings of assessment